Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Warrant Derivative Liability (Tables)

v3.5.0.2
Note 7 - Warrant Derivative Liability (Tables)
 3 Months Ended
Sep. 30, 2016
Notes Tables  
Fair Value of Warrant Derivative Evaluation Techniques [Table Text Block]
   
As of
September
30, 2016
  
 
As of
June 30,
2016
  
Risk-free interest rate
     0.47%     0.44% - 0.49%  
Expected life (average) (years)
   0.70 – 1.08   0.96 - 1.33  
Stock price (based on prices on valuation date)
     $0.05       $0.05    
Exercise price
     $0.14       $0.15    
Expected volatility
     110%       110%